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Do you do the work yourself or do you hire a general contractor? I'm very handy so I do like to do a good amount of the work myself. Thats a good way to limit what my total expenses are going to be for the rehab. It d...
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Hi everyone,
I am looking to buy my first deal in 2016. I love the idea of "invest in your backyard" because I do know where the tracks lie. However I live in a high income state compared to the rest of the country ...
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Hi BP community!My husband and I have been investing in real estate for about 5 years and are ready to quit our 9-5 to go pro! I'm 25 (I'm a lawyer) and my husband is 28 (he's an accountant) and together we own and pe...
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Well, guess what!!??I'm under contract on my first deal. I My first deal!!I actually posted a thread a couple weeks back. It's for a decent 3Bed/1Bath condo out in Matteson, IL - a Chicago south burb (B- to C+, blue c...
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In May of 2019 I created 2 LLC's for asset protection for my properties in Chicago. One LLC was formed in the state of Wyoming as a partnership to hold my IL LLC as a single member which holds my properties. I've setu...
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Right now we have a separate business checking account (a sole proprietorship) for receiving payments from our property manager. However, I read a post (which I can't find anymore) that seemed to suggest it was better...
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Hi, I am trying to figure out how to best protect my personal assets. My spouse and I are full time property managers focused exclusively on Airbnbs. - My spouse and I own 3 properties.
- Spouse owns 2 propertie...
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Hi BiggerPockets Community,I work on a boat for 28 days at a time and then have 14 days off. During my off days, I'm currently focused on setting up my property to rent out. However, my mother is asking me to visit he...
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Please forgive me it this ground has already been covered, but I've read that I can use the money in my (and husband's) ROTH IRA to fund investments, but better to put them in an LLC that I can manage the checkbook. I...
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As a beginner real estate investor should I manage my own first property or go right away with a property management company? I work full time and am curious how many properties you all have managed while working a da...